Businesses For Sale > Business For Sale in Northern, New Jersey (NJ)
Catering Hall and Property for sale in Northern, NJ
Northern, New Jersey (NJ)
Asking Price: |
Gross: |
Cash Flow: |
$ 4,450,000 |
$ 1,800,000 |
Undisclosed |
Furniture and Fixtures Value:
$ 4,000,000 (included in the asking price)
Real Estate:
$ 6,000,000 (included in the asking price)
Business Summary:
Magnificent Catering Hall in the heart of Northern New Jersey is for sale, including the Property. This one of a kind facility has a total capacity of greater than 750 guests, and has multiple catering rooms to accommodate small intimate weddings for 100 guests to larger ceremonies and affairs for over 350 guests.The property features a beautiful, private garden to accommodate outdoor wedding ceremonies as well as outdoor seating. No expense has been spared in building this truly unique facility. The building has been thoughtfully designed with several entrances to provide for multiple uses such as an upscale Restaurant & Bar.The business is being sold as a distress sale for a fraction of what it would cost to build, as the current owners are operating 100% Absentee and must sell. There is an excellent full-time professional staff in place. No advertising or marketing has been invested into the business.We have priced the business and property at half of its value at ONLY $4.45 Million. If you have the expertise and knowledge, this is a very rare opportunity to own a facility like this in the New York / New Jersey Metropolitan area. Please refer to listing #12908.
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Year
Business was Established: 2006 |
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Number of Employees:
20 |
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Owner
willing to train:
Yes |
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Seller Reference Number: 12908
BusinessMart.com Listing Number: 197231 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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